Posted by MikeT23 on 2/23/2013 5:32:00 PM (view original):It's a term that's used to deceive what it actually is.

Much like politicians saying they need to increase revenue. The government collects revenue via taxes. An increase in revenue for the government is an increase in taxes for it's citizens. But no one wants to hear about a tax increase.

No, it's not. The term marginal has meaning in economic contexts other than tax rates. And in that context of tax rates, it applies whether they are going up or coming down. Bush passed marginal tax decreases. Our tax brackets are marginal, period - when you enter a new one, you only pay that rate for the amount above the line, you don't suddenly pay that rate on your entire income.

I'm aware of the meaning. If I wasn't, I could look it up. This is the internet and I assume everyone on it knows how to use a search engine.

My point is quite simple. The terms used by our government when referring to taxes are used to deceive what they actually mean. I can't use smaller words to explain what I'm attempting to convey.

Posted by AlCheez on 2/23/2013 6:10:00 PM (view original):In general, sure. But this isn't like talking about increasing revenue instead of raising taxes. Our tax rates are marginal. What do you think they should call them?

Posted by MikeT23 on 2/23/2013 5:32:00 PM (view original):It's a term that's used to deceive what it actually is.

Much like politicians saying they need to increase revenue. The government collects revenue via taxes. An increase in revenue for the government is an increase in taxes for it's citizens. But no one wants to hear about a tax increase.

No, it's not. The term marginal has meaning in economic contexts other than tax rates. And in that context of tax rates, it applies whether they are going up or coming down. Bush passed marginal tax decreases. Our tax brackets are marginal, period - when you enter a new one, you only pay that rate for the amount above the line, you don't suddenly pay that rate on your entire income.

I'm aware of the meaning. If I wasn't, I could look it up. This is the internet and I assume everyone on it knows how to use a search engine.

My point is quite simple. The terms used by our government when referring to taxes are used to deceive what they actually mean. I can't use smaller words to explain what I'm attempting to convey.